Chapter 19: Chip Wilson on living large, launching Lululemon, and leaving a legacy

Our next guest is the first billionaire entrepreneur of a global
brand we’ve had on 3 Books. We fly over to Vancouver to
talk with the founder and former CEO of Lululemon, Chip Wilson.

Chip founded the company Westbeach, a snowboard, ski, and
apparel company, which he eventually sold in 1997. Then one day
while flipping through the paper, he came upon a piece of
fascinating information…

There are now more woman than men graduating from colleges
and universities.

Then he got all prophetic.

“Women will have more money! They’re gonna want to live
downtown! They’re going to want clothing that fits their
lifestyle!”

So he launched this brand called Lululemon. The first store was
opened in 2000 in the Kitsilano neighborhood of Vancouver. Chip
served as the company’s CEO for six years before transitioning to
Chief Product Designer.